Long Island MLS Housing Market Report, May 2011

Long Island Housing Market

Housing Prices seem to be stabilizing – as there is little change from the closed median selling price from one year ago. Sales numbers for pending sales did increase dramatically from one year ago – but that is largely due to the end of the sales incentives on April 30 last year. Available inventory is up also this year – probably for the same reason.

For more information about this report or to request a personal consultation to discuss the market value of your home in today’s market, please contact me at 631-223-8549.